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Consolidated Balance Sheet - USD ($)
$ in Millions
May 03, 2020
Nov. 03, 2019
Apr. 28, 2019
Assets      
Cash and cash equivalents $ 1,266.3 $ 632.6 $ 525.7
Marketable securities 1.7 3.2 4.0
Receivables:      
Total receivables 32,941.3 32,821.5 32,687.6
Allowance for credit losses (139.8) (100.6) (110.4)
Total receivables - net 32,801.5 32,720.9 32,577.2
Other receivables 101.7 75.1 106.1
Receivables from John Deere 759.8 331.9 113.5
Equipment on operating leases - net 5,421.6 5,530.5 5,169.5
Notes receivable from John Deere 294.6 291.7 224.0
Investment in unconsolidated affiliate 17.1 16.4 15.6
Deferred income taxes 33.8 33.2 36.5
Other assets 423.5 454.4 563.0
Total Assets 41,121.6 40,089.9 39,335.1
Short-term borrowings:      
Commercial paper and other notes payable 2,181.4 1,460.9 3,484.1
Securitization borrowings 4,603.5 4,277.0 4,643.9
John Deere 2,550.4 1,855.3 1,062.0
Current maturities of long-term borrowings 5,447.1 5,716.6 4,629.7
Total short-term borrowings 14,782.4 13,309.8 13,819.7
Other payables to John Deere 46.8 47.4 144.6
Accounts payable and accrued expenses 877.9 886.7 839.2
Deposits withheld from dealers and merchants 109.0 137.5 138.2
Deferred income taxes 452.9 527.7 662.9
Long-term borrowings 20,855.4 21,052.4 19,705.9
Total liabilities 37,124.4 35,961.5 35,310.5
Commitments and contingencies (Note 8)
Stockholder's equity:      
Common stock, without par value (issued and outstanding - 2,500 shares owned by John Deere Financial Services, Inc.) 1,482.8 1,482.8 1,482.8
Retained earnings 2,641.7 2,741.6 2,628.4
Accumulated other comprehensive loss (128.8) (97.4) (87.4)
Total Company stockholder's equity 3,995.7 4,127.0 4,023.8
Noncontrolling interests 1.5 1.4 0.8
Total stockholder's equity 3,997.2 4,128.4 4,024.6
Total Liabilities and Stockholder's Equity 41,121.6 40,089.9 39,335.1
Retail notes      
Receivables:      
Total receivables 19,538.6   18,015.0
Allowance for credit losses (83.3) (48.3) (54.1)
Retail notes | Unrestricted      
Receivables:      
Total receivables 14,874.5 15,150.5 13,248.6
Retail notes | Securitized      
Receivables:      
Total receivables 4,664.1 4,349.6 4,766.4
Revolving charge accounts      
Receivables:      
Total receivables 3,388.7 3,863.0 3,235.9
Allowance for credit losses (42.3) (39.3) (42.3)
Wholesale receivables      
Receivables:      
Total receivables 9,343.4 8,706.8 10,809.7
Allowance for credit losses (9.1) (7.6) (8.0)
Financing leases      
Receivables:      
Total receivables 670.6 751.6 627.0
Allowance for credit losses $ (5.1) $ (5.4) $ (6.0)